THE POLITICAL ECONOMY OF SUSTAINABLE DEVELOPMENT IN INDONESIA
Keywords:
political economy, sustainable development goals, control policy, sustainable forest managementAbstract
Political economy concerns with how actual policies deviate from economic optimality. This study evaluates Indonesia’s progresses toward sustainable development goals (SDGs) from the political economy viewpoint. The authors discuss Indonesia’s Voluntary National Reviews (VNRs) and critically analyse its COVID-19 pandemic control policy given the policy’s importance to SDG 3 (good health and well-being) and SDG 8 (decent work and economic growth). Indonesia chooses to opt-out strict public health restrictions because of the government’s preoccupation with economic growth, the large number of workers relying on daily income and its state of democratic consolidation. This results in Indonesia’s failure to control the pandemic and to avert economic recession. Indonesia correctly anticipates global vaccine nationalism and secures adequate vaccine supplies primarily from China. Vaccination becomes Indonesia’s key pandemic strategy. This study shows how indispensable partnerships (SDG 17) are for achieving SDGs, presenting the case of the Indonesian Forestry Certification Cooperation’s work in forest certification and sustainable forest management.
Downloads
References
Adam C and Dercon S. (2009), The political economy of development: an assessment. Oxford Review of Economic Policy 25: 173-189.
Aidt TS (2011), Corruption and sustainable development. International handbook on the economics of corruption 2: 3-51.
Allard T and Lamb K (2020), Endless first wave: how Indonesia failed to control coronavirus. Available at: https://www.reuters.com/article/us-health-coronavirus-indonesia-insight-idUSKCN25G02J. [accessed 4 February 2021].
Besley T (2007), The new political economy. The Economic Journal 117: F570-F587. BPS (2012), Penduduk Indonesia Hasil SP2010. Jakarta: Badan Pusat Statistik.
BPS (2016), Profil Penduduk Indonesia Hasil SUPAS. Jakarta: Badan Pusat Statistik.
Correia S, Luck S, Verner E. (2020), Pandemics depress the economy, public health interventions do not: evidence from the 1918 Flu. Published online March 30, 2020. Available at: http://dx.doi.org/10.2139/ssrn.3561560 [accessed 6 June 2020].
Drazen A (2000), Political economy in macro economics, Princeton, New Jersey: Princeton University Press.
ELDInitiative (2015), The Value of land: prosperous lands and positive rewards through sustainable land management.
FSC (n.d.), Forest management certification. Available at: https://fsc.org/en/forest- management-certification [accessed 4 February 2021].
